Jul 9, 2011 6:00pm EDT
these months of doing nothing, sided with the $4 trillion a solution, the big solution, which includes tax reform and dealing with entitlements. maybe i'm whistling past the graveyard, but for the first time i feel a tiny bit of hope they can get this done. >> did we hear a suggestion from speaker boehner earlier this week that possibly, they might consider an increase in tax revenues? >> if you were to means test social security, for example, not a crazy idea, but it is a tax increase -- >> it is not a tax increase, it is a reduction of benefits. >> obama, as far as i can tell, has basically, and so far, thrown in the towel. he says he wants to have some loopholes close, but that unsystemic revenue increase does not get you very far. the question that is where you got? -- where do you cut? you have to cut everywhere, especially in science, especially defense, but you also have tax increases -- especially entitlements, especially defense, but you also have to have tax increases. >> that is not true. obama, as i understand it, has presented a range of options brought the little group decide
Jul 1, 2011 8:00pm PDT
be a big deal if the u.s. government couldn't pay its debts but i don't think that's where we're going to end up. we're not greece. greece is a small economy, greece is way, way deeper in hot than we are. people have lots of options where to put money and greece is low on their list because they think there's going to be a default. where the greece metaphor comes in is that greece and portugal and spain and ireland have raised questions about whether governments keep their promises. and to the extent that the congress and the president can agree on a long run fiscal plan, it raises the question of, are we ever going to get our act together so that we don't become greece? >> and is the market yet or do you suspect it will either price this in or panic? >> it's been amazing how calm the markets have been and i think there are two reasons for that. one is, they kind of assume that eventually washington will do what it has to do. and secondly, greece and europe have been such a preoccupation that nobody wants to have money there, so they've moved money to the u.s. as europe has done its ev
Jul 23, 2011 6:00pm EDT
tsongas had cancer. i think there is a big difference between cancer and migraines. if we are going to hold up the standard of if you have a headache that knocks you out for an hour or two or whatever it that you cannot be president, i think fdr, kennedy who had addison's disease, and eisenhower, who had a really bad heart, would never be president of the united states, and i am not sure that as a position any of us would want to take. i think her answer was good. based on the evidence -- is their behavioral evidence of this woman not being able to handle yourself? >> just being cautionary -- >> well, cautionary is fine. >> i don't know the capitol hill physician, but i don't think is fair to imply that this is a less qualified individual. >> i am not saying that. >> what about rick perry? >> looks more and more like he is going to come into the race. he is showing in the polls as well. mike huckabee, the conservative a finalist in 2008 against john mccain, has already taken a shot at him, pointing out that if he is going to be the champion of all traditional values and high morals,
Jul 22, 2011 10:00pm EDT
, the nasdaq rose 24 and the s&p 500 added a point. the blue chips were dragged lower by a big earnings miss from caterpillar, while the tech heavy nasdaq was lifted by strong earnings from chip maker advanced micro devices monday, we go beyond the scoreboard. our look at the business of sports gets the latest on the n.f.l. lockout. for more financial news, tune in to "nightly business report" weeknights on this public television station.